he Billionaire’s Club is not, and seemingly does not, want to be transparent about the groups they fund and how much they are supporting them.
In advancing their cause, these wealthy liberals fully exploit the benefits of a generous tax code meant to promote genuine philanthropy and charitable acts, amazingly with little apparent Internal Revenue Service scrutiny. Instead of furthering a noble purpose, their tax deductible contributions secretly flow to a select group of left wing activists who are complicit and eager to participate in the fee-for-service arrangement to promote shared political goals. Moreover, the financial arrangement provides significant insulation to these wealthy elite from the incidental damage they do to the U.S. economy and average Americans.
Through these arrangements, the Billionaire’s Club gains access to a close knit network of likeminded funders, environmental activists, and government bureaucrats who specialize in manufacturing phony “grassroots” movements and in promoting bogus propaganda disguised as science and news to spread an anti-fossil energy message to the unknowing public. Not only is the system incredibly sophisticated, but the Club’s attorneys and accountants have mastered the loopholes and gray areas in the tax code, which enable them to obtain a full tax benefit, even when the recipient of the grant is not recognized as a public charity, and even if the money indirectly and impermissibly funds political activities.
In order to understand how the Billionaire’s Club colludes with the far-left environmental activists and government officials, the report articulates the fundamental framework that governs these relationships. Essentially, the far-left environmental machine is comprised of hundreds of nonprofit organizations. Each entity is set up according to its designated purpose and is either a private foundation or a public charity, depending on where the cog fits in this well-designed wheel.
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